You are here: Home / Everest Poker Revenues Way Up for Parent Company

Everest Poker Revenues Way Up for Parent Company

Everest Poker Table
Aug 13 2008 - 10:37am

Everest Poker's parent company GigaMedia's second-quarter results revealed revenues were up 31% on same period last year to US$52.5m, with operating income growing 18% to US$11.9m.

Shares of GigaMedia Ltd. rose Tuesday after the Taiwan-based online gaming and online gaming software company reported second-quarter profit above analyst expectations.

GigaMedia (nasdaq: GIGM - news - people ) shares climbed $1.11, or 9.5 percent, to $12.80 in afternoon trading. The stock has ranged from $10.16 to $25.42 over the past year.

Everest Poker is a downloadable poker room using GigaMedia software licensed in Kahnawake. It is one of 2 online gaming sites owned by Everest Gaming Ltd. The site's primary language is English.

Everest is also the 6th largest online poker room in the world. They do not accept US customers however.

-----

Christopher Costigan, Gambling911.com Publisher

Category: , ,

Gambling News

  • Sex, Drugs and Rock and Roll for Poker High Roller
    A few days ago we queried the whereabouts of Guy Laliberte, following his disappearance from the high stakes arena.
  • Barney Frank World Series of Poker
    Barney Frank at the World Series of Poker
    Chairman of the House Financial Services Committee, Barney Frank, will be available for interviews Sunday at this year’s World Series of Poker, being held at the Rio Hotel in Las Vegas.
  • 2009 World Series of Poker Expected to Set Records
    One of the pieces of information Gambling911.com is anxiously awaiting in regard to the 2009 World Series of Poker is how many people will be playing in the main event, which starts today (July 3). Will records be set?
  • Jon Corzine
    Governor Jon Corzine Files Motion to Join Sports Betting Suit
    Governor Jon S. Corzine today submitted a motion to intervene in support of a lawsuit filed by Senator Ray Lesniak in March with the Interactive Media Entertainment and Gaming Association and three horse racing groups. The lawsuit seeks to have a federal law banning sports betting in New Jersey and 45 other states declared unconstitutional.
  • Internet Poker
    Internet Poker Funds Froze Based on 1955 Law
    On June 2, 2009, the United States District Court, Southern District of New York, issued a civil seizure warrant which the government subsequently executed against all funds on deposit in Well Fargo Bank in San Francisco, account number 7986104185, held in the name of Account Services, Inc., and all property traceable thereto.
  • Patrik Antonius
    Patrik Antonius is a Fraud!
    “Patrik Antonius is a fake!” snarled the legendary poker player, Doyle Brunson.
  • World Series of Poker Parties 2009
    World Series of Poker Parties Among the Best
    Oh how Jenny Woo and the gang are going to regret missing Doyle Brunson's big bash. We were invited, but none of us are currently in Las Vegas as the 2009 World Series of Poker parties are about to get underway. Gambling911.com looks forward to the photos from this event, which should be released shortly...once they all recover from their respective hangovers.
  • NBC
    NBC Teams Up With Full Tilt Poker
    NBC has joined forces with Full Tilt Poker to film "Face The Ace", a new concept for a poker show where players who qualify online get to play heads-up against three Full Tilt pros for a $1,000,000 prize. This is according to Poker News Daily.

User login